COCA-COLA CO.

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	KO
ISIN:

COCA-COLA CO. - Daily - Technical analysis published on 03/19/2024 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

67%

33%

My opinion

Bullish above 58.84 USD

My targets

61.56 USD (+2.38%)

62.79 USD (+4.42%)

My analysis

The bullish trend is currently very strong on COCA-COLA CO.. As long as the price remains above the support at 58.84 USD, you could try to benefit from the boom. The first bullish objective is located at 61.56 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 62.79 USD as an objective. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

8.2

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Pita. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The COCA-COLA CO. price is 60.13 USD. On the day, this instrument gained +0.42% and was traded between 59.80 USD and 60.40 USD over the period. The price is currently at +0.55% from its lowest and -0.45% from its highest.

59.80

60.40

60.13

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of COCA-COLA CO. in Daily shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

The technical indicators are bullish. There is still some doubt about the price increase.
Other results related to technical indicators were also found by the Central Indicators scanner:

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Near resistance of triangle

Type : Bearish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	57.91	58.84	59.91	60.13	60.75	61.56	62.79
Change (%)	-3.69%	-2.15%	-0.37%	-	+1.03%	+2.38%	+4.42%
Change	-2.22	-1.29	-0.22	-	+0.62	+1.43	+2.66
Level	Intermediate	Intermediate	Minor	-	Major	Intermediate	Major

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	59.22	59.51	59.82	60.11	60.42	60.71	61.02
Camarilla	59.97	60.02	60.08	60.13	60.19	60.24	60.30
Woodie	59.23	59.52	59.83	60.12	60.43	60.72	61.03
Fibonacci	59.51	59.74	59.88	60.11	60.34	60.48	60.71

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	59.22	59.51	59.82	60.11	60.42	60.71	61.02
Camarilla	59.97	60.02	60.08	60.13	60.19	60.24	60.30
Woodie	59.23	59.52	59.83	60.12	60.43	60.72	61.03
Fibonacci	59.51	59.74	59.88	60.11	60.34	60.48	60.71

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	55.39	56.85	58.20	59.66	61.01	62.47	63.82
Camarilla	58.77	59.03	59.28	59.54	59.80	60.06	60.31
Woodie	55.33	56.82	58.14	59.63	60.95	62.44	63.76
Fibonacci	56.85	57.93	58.59	59.66	60.74	61.40	62.47

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	55.30
MACD (12,26,9):	0.1800
Directional Movement:	0.57
AROON (14):	28.57
DEMA (21):	59.97
Parabolic SAR (0,02-0,02-0,2):	58.72
Elder Ray (13):	0.25
Super Trend (3,10):	58.63
Zig ZAG (10):	60.13
VORTEX (21):	1.0300
Stochastique (14,3,5):	72.61
TEMA (21):	59.99
Williams %R (14):	-29.13
Chande Momentum Oscillator (20):	0.59
Repulse (5,40,3):	0.2000
ROCnROLL:	1
TRIX (15,9):	0.0200
Courbe Coppock:	0.09

MA7:	59.99
MA20:	59.86
MA50:	59.54
MA100:	58.38
MAexp7:	59.99
MAexp20:	59.76
MAexp50:	59.36
MAexp100:	58.80
Price / MA7:	+0.23%
Price / MA20:	+0.45%
Price / MA50:	+0.99%
Price / MA100:	+3.00%
Price / MAexp7:	+0.23%
Price / MAexp20:	+0.62%
Price / MAexp50:	+1.30%
Price / MAexp100:	+2.26%

Quotes : - 15 min delayed data - NYSE Stocks

News

The last news published on COCA-COLA CO. at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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